MARKETS VIEW

JSWSTEEL & GOLD TARGET DONE

JSWSTEEL BUY CALL GIVEN @949 MADE HIGH OF 965.80 BOOK FULL PROFIT 1 LOT PROFIT RS.8400/- ONLY BRAVE HEART HOLD THE POSITION FOR OUR FINAL TARGET.

GOLD SELL CALL GIVEN @28650 MADE LOW OF 28390 OUR ALL TARGET DONE 1 LOT PROFIT RS.25000/-

Markets View

Market News

FED tapers monthly bond purchase buy USD 10 B, rate unchanged

The Federal Reserve on Wednesday left its key benchmark lending target, the fed funds rate, unchanged at 0.0-0.25%

but said it was trimming its USD85 billion monthly asset-purchasing programby USD10 billion. "Labor market conditions have shown further improvement; the unemployment rate has declined but remains elevated. Household spending and business fixed investment advanced, while the recovery in the housing sector slowed somewhat in recent months," the Fed said in a statement.

Special call of the day -->Sell gold below 28650 TGT 28550/400 sl 29700